What You Should Know:
- Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic.
- Glooko plans to use these proceeds from this funding to accelerate organic growth and
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chronic care
A New System to Fit A New Economy: How Healthcare Can Recover From COVID-19
We are at a watershed moment. The COVID-19 pandemic has forced us to reevaluate our priorities both economically and with regard to public health. Living with a healthcare system that was created in response to an emergency measure during World War II, US consumers have struggled for more than a decade to control and understand the rising cost of healthcare. Unfortunately, employer-based health insurance and government-subsidized care continue to be the major drivers of cost and policy.
As
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Conversa Health Expands Series B to $20M with Additional $8M in Funding
What You Should Know:
- Conversa Health raises an additional
$8M, expanding its Series B round to $20M for its automated virtual care
platform, totaling $34M in funding to date.
- The Series B round, first announced at $12 million in
June, was co-led by Builders VC and Northwell Ventures, the corporate venture
arm of Northwell Health, New York’s largest healthcare provider with 23
hospitals and 800 outpatient facilities.
- Founded in 2014, Conversa enables health systems
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COVID-19 Deferrals Lead to 3 Major Conditions Payers/Providers Must Address in 2021
What You Should Know:
- COVID-19 care deferrals lead to three major boomerang
conditions that payers and providers must proactively address in 2021,
according to a newly released report by Prealize.
- COVID-19’s hidden victims—those who avoided or deferred
care during the pandemic—will increasingly return to the healthcare system, and
many will be diagnosed with new conditions at more advanced stages. Healthcare
leaders must act now to keep this boomerang from driving worse outcomes
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Xealth’s CEO Shares Impact of Digital Health in 2020 and What’s Ahead in 2021
HIT Consultant sat down with Mike McSherry, CEO, and co-founder of Seattle-based digital prescription platform Xealth to discuss digital health lessons learned in 2020 and what we can expect in 2021. As Xealth’s CEO, Mike also works with Duke Health, UPMC, Atrium Health, and The Froedtert & the Medical College of Wisconsin health network where he uses his background in digital health to connect patients and care teams outside of traditional care settings.
HITC: In 2021, How can digital
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Papa Launches Virtual Primary Care Platform to Support Aging Americans During The Pandemic
What You Should Know:
- Papa, the popular "family on-demand" service for older adults, today announced the launch of Papa Health, a new virtual health platform aimed at improving health outcomes for the vulnerable aging population during the pandemic.
- The comprehensive health management platform will include
virtual primary care, urgent care, and chronic care management - adding to
its existing services that provide older adults with companionship
and assistance with
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Digital Diabetes Market to Reach $1.5B by 2024, Research Finds
What You Should Know:
- The digital diabetes market is on track to reach $1.5
billion dollars by 2024, according to a new report by Research2Guidance.
- The confident growth of digital diabetes care will be driven by the growth of the global addressable market for digital diabetes services. Between 2019 and 2024, the number of diagnosed diabetics with access to smart devices is set to increase from 109 million to 180 million.
- Digital diabetes solutions have disrupted the
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Healthcare M&A: DAS Health Acquires Randall Technology Services
What You Should Know:
- DAS Health Ventures acquires healthcare
and managed IT company Randall Technology Services (RandallTech).
- This acquisition adds Allscripts® PM
and EHR solutions to the DAS portfolio of supported products, and DAS Health
has now added additional staff in Texas that will create opportunities for
greater regional support of its entire solutions portfolio.
DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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DarioHealth Selected as Digital Chronic Care Solution by Self Insured, Fortune 500 Company
What You Should Know:
- DarioHealth Corp., a pioneer in the global digital therapeutics market, announced today that it has signed a contract to provide its digital therapeutics solution to eligible employees of a U.S.-based Fortune 500 technology company.
- Dario's top-rated digital diabetes tools and coaching will
be available to eligible employees and their dependents starting January 1,
2021
- Dario helps manage and improve the health of people living
with chronic conditions such
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Rural Hospital Execs Can Beat COVID-19 By Shifting From Reactive to Proactive Care
The COVID-19 virus is ravaging the planet at a scale not seen since the infamous Spanish Flu of the early 1900s, inflicting immense devastation as the U.S. loses more than 200,000 lives and counting. According to CDC statistics, 94% of patient mortalities associated with COVID-19 were simultaneously suffering from preexisting conditions, leaving a mere 6% of victims with COVID-19 as their sole cause of death. However, while immediate prospects for a mass vaccine might not be until 2021, there is
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